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Amazon is gutting its Wondery podcast studio

is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. Amazon is splitting up its Wondery podcast studio just four years after acquiring it, as first reported by Bloomberg. As part of the change, the studio will shed around 110 employees, while Wondery CEO Jen Sargent will leave the company. In a statement to The V

This startup wants to use the Earth as a massive battery

In traditional pumped hydro storage facilities, electric pumps move water uphill, into a natural or manmade body of water. Then, when electricity is needed, that water is released and flows downhill past a turbine, generating electricity. Quidnet’s approach instead pumps water down into impermeable rock formations and keeps it under pressure so it flows up when released. “It’s like pumped hydro, upside down,” says CEO Joe Zhou. Quidnet started a six-month test of its technology in late 2024, pr

Bybit hacked for almost $1.5 billion in the biggest crypto theft ever

While 20th-century heists involved scoping out a location, recruiting a person on the inside and having a daredevil getaway driver waiting outside, the 21st-century version looks more like what Bybit experienced today. A hacker stole nearly $1.5 billion in Ethereum (ETH) and staked Ethereum from one of the exchange's offline wallets, nabbing the largest cryptocurrency haul ever. One blockchain security expert said it's likely the all-time biggest heist of any kind, not just crypto. Bybit CEO Be